Plan Ledger DOL Form 5500 · updated monthly

Joint Board of Trustees for Iron Workers Local 568 Welfare Fundbenefits

Iron Workers Local No. 568 Health and Welfare Plan · CUMBERLAND, MD · plan year 2024

Broker compensation reported · 2024
$11,657

Joint Board of Trustees for Iron Workers Local 568 Welfare Fund's benefits plans covered 71 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $11,657 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $164 per covered person, below the median for employer plans that report broker pay. Broker pay rose 7.2% from $10,870 in 2023.

Insurance contracts · 20242
COMPANION LIFE INSURANCE COMPANY · stop-losspremiums n/a · 81 covered
Brokers & agents paid · 20241
NATIONAL BROKERAGE SVC INC$11,657

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 526112461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.